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Pizza Hut 2119 6th St 2,755 SF Retail Building Bremerton, WA 98312 $1,045,000 ($379.31/SF) 6% Cap Rate
Investment Highlights
- New "Absolute" Net lease signed at closing
- Dense population demographics (3-mile population 65,000+)
- Property renovation (including roof and parking lot) in 2015
- Adjacent to 12,000-acre Naval Base Kitsap (15,600+ active-duty personnel)
- Ample parking - 37 stalls (13.4 : 1 ratio)
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,755 SF
Building Class
C
Year Built
1978
Price
$1,045,000
Price Per SF
$379.31
Cap Rate
6%
NOI
$62,700
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.42 AC
Zoning
GC
Parking
32 Spaces (11.62 Spaces per 1,000 SF Leased)
Frontage
56’ on 6th St
Amenities
- Pylon Sign
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 142401-3-004-2001 | Improvements Assessment | $302,020 |
| Land Assessment | $183,480 | Total Assessment | $485,500 |
Property Taxes
Parcel Number
142401-3-004-2001
Land Assessment
$183,480
Improvements Assessment
$302,020
Total Assessment
$485,500
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Pizza Hut | 2119 6th St
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